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The Age of Stagnation: Why Perpetual Growth is Unattainable and the Global Econo

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Last updated on 05 Mar, 2024 05:28:12 GMTView all revisionsView all revisions

Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9781633881587
Book Title
The Age of Stagnation
ISBN
9781633881587
Publication Year
2016
Type
Textbook
Format
Hardcover
Language
English
Publication Name
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
Item Height
229mm
Author
Satyajit Das
Publisher
Prometheus Books
Item Width
152mm
Subject
Economics, Geography & Geosciences, Government
Item Weight
576g
Number of Pages
347 Pages

About this product

Product Information

The global economy is entering an era of protracted stagnation, similar to what Japan has experienced for over a decade.That is the message of this brilliant and controversial summary of our current economic predicament from an internationally respected consultant and commentator on financial markets, who predicted the Global Financial Crisis of 2008. The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the easy money approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations. The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery. Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future.

Product Identifiers

Publisher
Prometheus Books
ISBN-13
9781633881587
eBay Product ID (ePID)
226095059

Product Key Features

Author
Satyajit Das
Publication Name
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
Format
Hardcover
Language
English
Subject
Economics, Geography & Geosciences, Government
Publication Year
2016
Type
Textbook
Number of Pages
347 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
576g

Additional Product Features

Title_Author
Satyajit Das
Country/Region of Manufacture
United States

Item description from the seller

Business seller information

ABC Books Ltd
Unit 2D
Gatwick Gate Industrial Estate
Crawley, Lowfield Heath
London
RH11 0TG
United Kingdom
Value added tax number:
  • GB 324767388
Company registration number:
  • 05034144
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The Nile UK Shop

The Nile UK Shop

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Excellent service. Book arrived well before estimated arrival date. In excellent condition, new as stated, and at a very good price. Tracking information was accurate and very helpful. First class experience. Many thanks.
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safe packaging & fast delivery- item as described at a good price - 5 star ebayer -thank You
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Really nice item as described, very well packaged and prompt delivery with good seller communication. A great service, thank you.

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